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29 Mar
15:27

German scrap market foresees price decrease in April

Following the hike in the middle of March that saw prices almost reach the highs of January, most suppliers in the German scrap market expect values to fall in April. This is because of lower purchases from Turkey and the beginning of Ramadan. Ferrous scrap prices in the past two weeks have increased by €20-30/tonne ($25-35) versus February in most cases. Prices in southern Germany increased in March by €20/t on-month, a Bavarian buyer confirms to Kalla…
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